American Financial Boosts Annual Common Stock Dividend By 12.7% From $2.84 To $3.20 Per Share
Portfolio Pulse from Benzinga Newsdesk
American Financial Group (AFG) has announced a 12.7% increase in its annual common stock dividend, raising it from $2.84 to $3.20 per share. This marks the company's nineteenth consecutive year of dividend increases, with a ten-year compound annual growth rate of 12.4%.
August 20, 2024 | 9:43 pm
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American Financial Group has increased its annual dividend by 12.7%, continuing its 19-year streak of dividend growth. This move reflects the company's strong financial health and commitment to returning value to shareholders.
The increase in dividends is a positive indicator of AFG's financial stability and commitment to shareholder returns. The consistent growth in dividends over 19 years suggests a strong and reliable performance, likely boosting investor confidence and potentially leading to a positive short-term impact on the stock price.
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